Veea Inc Stock Market Value
| VEEAW Stock | 0.16 0 2.56% |
| Symbol | Veea |
Is Computers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veea. If investors know Veea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veea listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Veea Inc is measured differently than its book value, which is the value of Veea that is recorded on the company's balance sheet. Investors also form their own opinion of Veea's value that differs from its market value or its book value, called intrinsic value, which is Veea's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veea's market value can be influenced by many factors that don't directly affect Veea's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veea's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veea is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veea's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Veea 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Veea's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Veea.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Veea on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Veea Inc or generate 0.0% return on investment in Veea over 480 days. Veea is related to or competes with Fiserv,, Gartner, Jianzhi Education, Kyndryl Holdings, Digimarc, Veea, and Data Storage. Veea is entity of United States. It is traded as Stock on NASDAQ exchange. More
Veea Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Veea's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Veea Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.59 | |||
| Information Ratio | 0.1678 | |||
| Maximum Drawdown | 128.97 | |||
| Value At Risk | (29.17) | |||
| Potential Upside | 52.55 |
Veea Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Veea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Veea's standard deviation. In reality, there are many statistical measures that can use Veea historical prices to predict the future Veea's volatility.| Risk Adjusted Performance | 0.1346 | |||
| Jensen Alpha | 4.44 | |||
| Total Risk Alpha | 0.3423 | |||
| Sortino Ratio | 0.1989 | |||
| Treynor Ratio | (2.07) |
Veea Inc Backtested Returns
Veea is out of control given 3 months investment horizon. Veea Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.05% are justified by taking the suggested risk. Use Veea Inc Coefficient Of Variation of 578.49, risk adjusted performance of 0.1346, and Semi Deviation of 14.43 to evaluate company specific risk that cannot be diversified away. Veea holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of -2.04, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Veea are expected to decrease by larger amounts. On the other hand, during market turmoil, Veea is expected to outperform it. Use Veea Inc sortino ratio and the relationship between the downside variance and period momentum indicator , to analyze future returns on Veea Inc.
Auto-correlation | 0.12 |
Insignificant predictability
Veea Inc has insignificant predictability. Overlapping area represents the amount of predictability between Veea time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Veea Inc price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Veea price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Veea Inc lagged returns against current returns
Autocorrelation, which is Veea stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Veea's stock expected returns. We can calculate the autocorrelation of Veea returns to help us make a trade decision. For example, suppose you find that Veea has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Veea regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Veea stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Veea stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Veea stock over time.
Current vs Lagged Prices |
| Timeline |
Veea Lagged Returns
When evaluating Veea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Veea stock have on its future price. Veea autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Veea autocorrelation shows the relationship between Veea stock current value and its past values and can show if there is a momentum factor associated with investing in Veea Inc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Veea Stock Analysis
When running Veea's price analysis, check to measure Veea's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veea is operating at the current time. Most of Veea's value examination focuses on studying past and present price action to predict the probability of Veea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veea's price. Additionally, you may evaluate how the addition of Veea to your portfolios can decrease your overall portfolio volatility.